Do you have a good Reliance DC motor LC4013ATZ sitting in your storeroom or warehouse? Maybe you own a lot of universal induction motors, and you are not sure when you may need them. Instead of letting these motors collect dust you can turn them into valuable assets. When you sell these motors to the right source, you can lower your inventory and your operating expenses considerably.
Inventory and Taxes
Every three months you take inventory of your stock and materials. Each item you own counts against your tax liability. If you can find a way to lighten your inventory, you can save on taxes. However, it is not a good idea to start selling your spare Reliance DC motor LC4013ATZ and other items like you were having a “going out of business” sale.
Selling surplus inventory is a good way to free up space in your facility. Check to see which items have been there for a long time. You can sell duplicate equipment. For example, suppose you have more than one Reliance DC motor LC4013ATZ. If you only use one of these motors in your business, it may be a good idea to just keep one spare in inventory. If you must use the spare, then you can purchase another motor.
Where to Sell
Some companies may offer you very little in exchange for items like surplus motors. They may tell you there is not much of a market for them. However, many businesses today rely on electric motors for conveyor systems and a wide range of processing and manufacturing applications. When it is time to sell your surplus motors, go to a trusted source with years of experience in the industry. You can also get some very good deals on used, surplus, and remanufactured motors for your company.
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